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2 years ago

Answer choice D) A worker with 15 years of service gets 5 weeks of vacation and each year.

Mathematics

1 answer:

otez555 [7]2 years ago

7 0

Answer: it seems to be D, but the equation makes practically no sense!

The value of the factor changes for the different amounts of service years and vacation weeks.

Step-by-step explanation: The equation means that the employee is trying to figure out the value of the "v-factor" for how vacation time is earned.

If you substitute the number of service years into the left side of the "formula" and vacation weeks on the right side, then solve for "v", v(15)=5 you get v= 1/3 or 0.33

If you substitute other numbers, like v(2)=2, so v= 1 then v(30) = 8, v = 4/15 or 0.2667. You see the factor's value decreases. The company is much more generous to to employees with one or two years of service than with the older ones.

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3 years ago

Read 2 more answers

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1 year ago

On the 1st January 2014 Carol invested some money in a bank account.

Ghella [55]

Answer:

$\large \boxed{\text{\pounds 23 360.00}}$

Step-by-step explanation:

The formula for the accrued amount from compound interest is

$A = P \left(1 + \dfrac{r}{n}\right)^{nt}$

1. Amount in account on 1 Jan 2015

(a) Data:

a = £23 517.60

r = 2.5 %

n = 1

t = 1 yr

(b) Calculations:

r = 0.025

$\begin{array}{rcl}23517.60 & = & P\left (1 + \dfrac{r}{n}\right)^{nt}\\\\& = & P\left (1 + \dfrac{0.025}{1}\right)^{1\times1}\\\\& = & P (1 + 0.025)\\ & = & 1.025 P\\P & = & \dfrac{23517.60 }{1.025} \\\\& = & 22 944.00 \\\end{array}$

The amount that gathered interest was £22 944.00 but, before the interest started accruing, Carol had withdrawn £1000 from the account.

She must have had £23 944 in her account on 1 Jan 2015.

(2) Amount originally invested

(a) Data

A = £23 944.00

$\begin{array}{rcl}23 944.00 & = & 1.025 P\\P & = & \dfrac{23 944.00 }{1.025} \\\\& = & \mathbf{23 360.00} \\\end{array}\\\text{Carol originally invested $\large \boxed{\textbf{\pounds23 360.00}}$ in her account.}$